October 04, 2023 23:58 GMT
Offshore Selling Of Local Stocks & Bonds Stabilizes
JAPAN DATA
Aggregate weekly investment flows were more modest in the final week of September. Foreign investors turned modest net buyers of local stocks, +¥71bn yen. This only modestly trimmed the monthly outflow though, which was -¥5384.7bn. Offshore purchases of local bonds also turned positive but were a very modest ¥25.8bn, a slight offset on the prior week outflow.
- In terms of Japan domestic outflows, purchases of offshore stocks picked up to ¥721bn. This was the strongest weekly outflow since late August/early September.
- Outbound flows to offshore bond markets were also positive, but at a more modest ¥297.1bn.
Table 1: Japan Weekly Investment Flows
Billion Yen | Week ending September 29 | Prior Week |
Foreign Buying Japan Stocks | 71.0 | -3025.5 |
Foreign Buying Japan Bonds | 25.8 | -2020.6 |
Japan Buying Foreign Bonds | 297.1 | -541.6 |
Japan Buying Foreign Stocks | 721.0 | -23.1 |
Source: MNI - Market News/Bloomberg
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